Forward Air and Omni Logistics have agreed to end a legal dispute over Forward’s planned acquisition of Omni. The companies…
Business
ECS continues recent acquisition spree in Morocco
23 / 01 / 2024
GSSA ECS has continued its recent acquisition spree with the purchase of its Morocco-based partner. The ECS Group today announced…
Air Partner transports time-critical aid to Gaza
22 / 01 / 2024
Air Partner’s cargo division has transported 92 tonnes of humanitarian relief for people in Gaza, including blankets, fleeces and hygiene…
Forwarder Flexport raises $260m through Shopify
22 / 01 / 2024
Freight forwarder Flexport has raised $260m in funding from e-commerce platform Shopify. The company, which last year had to make…
Retail’s Red Sea move feeding airfreight volumes?
19 / 01 / 2024
Signs are starting to emerge that retail shippers are sending more goods by airfreight as the Red Sea crisis continues,…
Top German cargo hubs see cargo volumes slide in 2023
18 / 01 / 2024
Leading German cargo hubs Frankfurt and Leipzig/Halle both saw their cargo volumes fall in 2023 as the economic conditions put…
Freighter financing deal for Crestone Air Partners
18 / 01 / 2024
Aviation asset management platform and lessor Crestone Air Partners (CAP) has secured financing for more freighters. Ashland Place Finance LLC,…
TIACA and ALTA sign MoU aimed at cargo development
17 / 01 / 2024
TIACA and The Latin American and Caribbean Transport Association (ALTA) have signed a Memorandum of Understanding (MoU) to foster improvements…
Red Sea-related demand yet to materialise but enquiries rise
16 / 01 / 2024
The airfreight sector is yet to see any solid rise in demand related to the Red Sea crisis but customers…
Airfreight rates expected to slide this year on 2023 levels
15 / 01 / 2024
Airfreight rates are expected to continue to decline this year compared with 2023 levels as belly capacity continues to return…